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X11. TERMINATION <br />A. This Agreement may be terminated on thirty (10) days' written notice by either party. In the <br />event of such termination. SUBRECIPIENT shall only be entitled to reimbursement for approved expenses <br />incurred to the effective date of termination. <br />B, This Agreement may be suspended or terminated by CITY upon five (5) days' written notice for <br />violation by SUBRECIPIENT of Federal Lags governing the use orCDBG-CV Funds. In the event Of Such <br />suspension or termination, SUBRECIPIENT shall only be entitled to reimbursement for approved expenses <br />incurred up to the effective date of suspension or termination. <br />C. Pursuant to 2 CFR 200.340. in the event SUBRECIPIENT defaults by tailing to fulfill all or any <br />of its obligations hereunder. CITY may declare a default and termination of this Agreement by written notice <br />to SUBRECIPIENT, which default and termination shall be effective on a date stated in the notice which is to <br />be not less than ten (10) days after certified mailing or personal service of such notice, unless such default is <br />cured before the effective date of termination stated in such notice. It terminated for cause, CITY shall be <br />relieved of further liability or responsibility under this Agreement, or as a result of the termination thereof. <br />including the payment of money. except for payment for approved expenses incurred for services <br />satisfactorily and timely pertormed prior to the mailing or service of the notice ortermination, and except for <br />reimbursement of, (I)any payments made for services not subsequently performed in a timely and <br />satistactory manner; and. (2) costs incurred by CITY in obtaining substitute performance. <br />D. The grant of funds tinder this Agreement min be terminated for convenience by either the CITY <br />or SUBRECIPIENT, in whole or In part. by setting torn the reasons for such termination, the effective date. <br />and, in the case of portion termination, their portion to be terminated. Howe%cr, if in the case of a partial <br />termination, the CITY determines that the remaining portion of the award w ill not accomplish the purpose for <br />which the award was made, the CITY may terminate the award In its entireq. <br />E. The grant of funds under this Agreement may be terminated due to the non-performance of <br />SUBRECIPIENT and/or failure of SUBRECIPENT to perform the work described in Exhibits A and B or <br />failure to meet the performance standards and program goals set forth therein. <br />R The grant of finds under this Agreement may be terminated due to the failure of the CITY to <br />receive sufficient or anticipated funding from HUD for the CDBG-CV program for any tern subject to this <br />Agreement, <br />G. In the event this Agreement is terminated as set forth in subparagraphs XII.A. through XILF., <br />inclusive, SUBRECIPIENT agrees to immediately return to CITY upon CITY's demand and prior to any <br />adjudication of SUBRECIPIENT's rights, any and all finds not used. and to comply with paragraph "XI. <br />REVERSION OF ASSETS" ofthis Agreement. <br />XI11. LIMITATION OF FUNDS <br />The United States of America. through HUD, may in the future place programmatic or fiscal <br />limitations on the use of CDBG-CV funds, which limitations are not presently anticipated. Accordingly. <br />CITY reserves the right to revise this Agreement in order to take account of actions affecting HUD program <br />funding. in the event of finding reduction, CITY may, in its sole and absolute discretion, reduce the budget <br />of this Agreement as a whole or as to costs category, may limit the rate of SUBRECIPIENT's authority to <br />commit and spend finds, or may restrict SUBRECIPIENT's use of both its uncommitted and its unspent <br />funds. Where HUD has directed or requested CITY to implement a reduction in funding, in whole or as to a <br />14 <br />